French investment firm Wendel has acquired the US-based plastics packaging company, CSP Technologies, for $360m. The Wendel Group has invested $198m for a 98% ownership in CSP, which is based in Auburn, Alabama. CSP, which has ...
USFloors has received a Notice of Allowance for its COREtec patent application. The Notice of Allowance, which is posted on the U.S. Patent and Trademark Office (USPTO) website, reads, "The application identified above has been examined ...
Tags: flooring product, Construction
3M has reported fourth-quarter earnings of $1.81 per share, an increase of 11.7 percent versus the fourth quarter of 2013. Sales grew 2.0 percent year-on-year to $7.7 billion. Organic local-currency sales grew 6.3 percent with acquisitions ...
Tags: income margins, shareholders, Construction
Globally, the Ikea Group's net income for the financial year 2014 amounted to €3.3b – the same as that reported for the previous year. Market conditions continued to improve with strong performance in China and North America, and ...
Tags: stores, Flat Performance, Furniture
BASF’s new European competence center for flooring and waterproofing systems at Oldenburg, Germany, is now fully operational. Manufacture of the Masters Builders Solutions products has been relocated from Schaffhausen, Switzerland. ...
The Adidas Group has again been recognized as an employer of choice in Germany and China. The German magazine Focus has this year again named the Adidas Group as the Top Employer in Germany. The Group thus maintains its top ranking in the ...
Tags: Adidas Group, employers, Sporting Goods
The Recycling Partnership, a collaborative, industry-funded effort designed to boost residential recycling in the US, has announced its first public grant to the city of Columbia, South Carolina. The funding will support the Recycling ...
Australian food marketing and distribution business Menora Foods is reportedly set to be sold to Filipino food conglomerate Monde Nissin Corporation. Menora was established in Melbourne in 1967 and is Australia’s largest ...
Tags: juice company, Agriculture
Mercedes-Benz has commenced production of its Mercedes-Benz CLA Shooting Brake at the company’s plant in Kecskemét, Hungary. CLA Shooting Brake will be the second model to be exclusively manufactured at the three year old ...
Tags: Mercedes-Benz CLA Shooting Brake, CLA-Class vehicles, Auto
Mondelez International has broken ground on its new $90m biscuit plant in Bahrain, in a move to cater to growing demand for its Oreo, Ritz and TUC biscuits in the Middle East and Africa. Earlier this month, the company signed a lease ...
Tags: TUC biscuits, Cheese, Agriculture
Mars Food UK that was established in Norfolk, UK, five decades ago will initiate a multi-million pound expansion. The expansion of the plant at King's Lynn that prepares sauces is said to be in the early stages of planning and is expected ...
Tags: jobs, Mars Food, Agriculture
To meet growing demand from the nation's winemakers and winery owners, G3 Enterprises has just completed a series of upgrades to its cork room to boost its capacity to produce high-quality Diam closures. "G3 Enterprises is a great partner ...
Notogroup Inc., a boutique search firm specializing in consumer products recruiting, promoted Gennevieve Emery to partner/recruiting director. A key member of the Notogroup team from since its inception in 2009, the firm has recognized her ...
Epistar has invested NT$825 million (US$25.94 million) to merge with TSMC Solid State Lighting (SSL), helping to enhance Epistar's capability in the lighting industry. Before the decision was made, many companies such as SemiLEDs and ...
Tags: LED Market, LED technologies, Lights
The country's 35 major cities and municipalities will release detailed analysis of sources of PM2.5 - fine pollutant particles found in the air - by the end of this year to help create more effective ways of curbing air pollution. The ...